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(iv) Messrs. Garrett, Richardson, Thompson, and
Williams
Ms. Meyer identified 17 executives in her rebuttal report
that she considered comparable to petitioner’s heads of operating
divisions; namely, Messrs. Garrett, Richardson, Thompson, and
Williams, in 1992. We conclude that eight of those executives
should be disregarded, as follows: Mr. Rosso of Honeywell, Inc.,
and Mr. Claramunt of Danaher Corp. because the description of
those executives’ duties in 1992 in the proxy disclosure
materials in the record conflict with Ms. Meyer’s description of
their duties in 1992; Messrs. Jeney, Dundon, and Scherzi of
Magnetek, Inc., because the proxy disclosures of that company for
1992 are not comparable to the remaining companies, having been
made prior to October 1992 regulatory changes governing
disclosure formats; and Messrs. Drendel, Bunker, and Krisbergh of
General Instrument Corp., because as noted we believe that
company is not comparable to petitioner.
Moreover, Mr. Rosenbloom specifically objected to Ms.
Meyer’s use as comparables of two executive vice presidents of
Johnson Controls, Inc., on the grounds that they were responsible
for business segments with several billion dollars in annual
revenues and therefore not comparable to petitioner’s heads of
operating divisions. We are persuaded by Mr. Rosenbloom on this
point and find that Messrs. Lewis and Barth of Johnson Controls,
Inc., should be disregarded.
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